buy limit order


An order to a broker to buy a specified quantity of a security at or below a specified price (called the limit price).

Use buy limit order in a sentence

They had a buy limit order and we all had to work with them to get it filled, or we would find ourselves in trouble.

​ Was this Helpful? YES  NO 11 people found this helpful.

The client was concerned about his broker's optimistic trading strategy, so he told him to put in a buy limit order so he capitalize on the market going down for his next purchase.

​ Was this Helpful? YES  NO 9 people found this helpful.

After watching the stock price of the company rise and fall for several months, the investor decided to ask his broker to implement a buy limit order on his account to ensure that his shares were bought at a time when the price per share reached its lowest point.

​ Was this Helpful? YES  NO 10 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
alternative order bidding up